July 22, 2007

Bank to use cell phones to record money collection online

According to The Yomiuri Shimbun, Kansai Urban Banking Corp. is to introduce a new system in August that will enable employees who visit clients to collect money to issue a receipt using a mobile phone and a small printer connected to its headquarters.

"... Under the new system, a list of customers' names and amount of money to be collected are entered into software installed in the mobile phone.

When the employee receives money from the customer, he or she will report it via the mobile phone to the bank's headquarters and then print a receipt using the small printer, which also has a communication function.

The customer can confirm the transaction on the spot. "

emily | 8:01 AM | SMS and Banking | Add this this entry to your del.icio.us bookmarks. Digg This Technorati search results for this Entry
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